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That's the point. "$175k is good enough for me" doesn't mean much, especially as they also have a large stake in the company (not an assumption) as well as poss
by parrit 1y ago
That's the point. "$175k is good enough for me" doesn't mean much, especially as they also have a large stake in the company (not an assumption) as well as possibly other advantages (or not, they dont divulge).
Don't get me wrong. Rethinking comp is great and they are paying well. But you can't make the argument that X is enough for founders (plus let's forget equity!!) and so X is generous for everyone.
- steveklabnik 1y agoWe all receive equity.
- mrcwinn 1y agoAll the same equity, I assume?
- steveklabnik 1y agoNo, it’s variable. This is covered in this thread and in the original article.
- parrit 1y agoEye roll. I get capitalism. It's OK. Just say "we do capitalism". Why pretend otherwise?
- steveklabnik 1y agoNobody is pretending we’re not doing capitalism.